- At China's National People's Congress opening, Chinese premier Li Keqiang uses the highly anticipated opening address to set GDP expectations for the country at about 7%, and a consumer inflation target of 3%.
- Last year's target was around 7.5%; with growth slowing, a lower number is in line with expectations.
- Might it mean an end to the government's growth focus? At the least, it suggests signs that restructuring may be closer.
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